Gcse Bussines 2.5 Flashcards
What is an hierarchical bussines structure?
Top:owners
Middle: managers and supervisors
Bottom: subordinates
Higher position=higher wages
-Communication between too and bottom is difficult
-narrow span of control(more effective with managers to employees)
Long chain of command
More layers than flat structure
What is the difference between full time and part time?
The number of hours worked in full time os more than a part time
What is the benefit of part time workers
They save money whilst still meeting customer demands.
What are the disadvantages of part time workers?
They will incite extra costs(training, uniforms, equipment) and will have less loyalty
What are the benefits of a full time job to an employer?
Greater financial security for employer. As they will earn more money than a part timer.
What are flexible hour contracts?
Part time contracts that don’t provide guaranteed number of working hours per week.
(Only paid for hours they work) bring employee flexibility although there is little financial security
What are permanent contract?
Work indefinitely until they leave or employment terminated
What are fixed-term contracts?
Temporary
What is a freelancer?
An self employed individual hired by others for specific short term task that requires highly specialized skills
AdV: increase flexibility of working hours
DSV consistent work not guaranteed
What is job analysis?
Knows what new employees are required to do, and skills & experience they need to have
What does the job description state
Requirements of role
Responsibilities
Duties
What does the person specification state
Skills(qualifications)
Experience
Characteristics
Qualities
What is internal recruitment?
Employees who already work within the business. Which helps motivate them. Means business is aware of candidates ability’s and track records. Candidates know they will
Be happy for the bussines
Lower risk
What is external recruitment?
Recruiting people from outside the business. This brings a wider range of new skills and experiences. Causing an increase in innovation and productivity
Is high risk on employing someone new who may not work well with bussines
What is involved in recruitment and selection process?
-Shortlisting,
-references
-interviews
-aptitude tests
-group activities